Sentences with phrase «auto insurance lapse»

A more dangerous kind of auto insurance lapse is when a driver may not know that the insurance has lapsed because of missed premiums or other considerations.

Last week, the agency issued notifications to consumers throughout the state, seeking to recoup millions of dollars in fines for auto insurance lapses.

There truly is no good that comes with letting your auto insurance lapse.

Talk to your auto insurance company to see what they suggest, and remember: don't let your auto insurance lapse!

If you're in a state with «no fault» insurance, or you've gone ahead and purchased it independently, you will lose your Personal Injury Protection coverage once your auto insurance lapses.

Having an auto insurance lapse is dangerous for a number of reasons.

A definition of an auto insurance lapse can help drivers understand how important this is.

Because an auto insurance company wants to keep its lapse ratio (percentage of policies issued that lapse over time) low, there are some heavy penalties for an auto insurance lapse.

Other companies may have similar policies, and a driver with an auto insurance lapse may find it very hard to get any kind of coverage.

An auto insurance lapse is something you want to avoid at all costs.

If an auto insurance lapse is discovered, it is marked on your driving record as a demerit.

An auto insurance lapse isn't just illegal, but also dangerous for you and anyone you might be involved in an accident with.

(And never, ever let your auto insurance lapse!)

Some states are harsher than others, but essentially, you should try to never let your auto insurance lapse.

While forgetting to pay a common bill can cost you a late fee, letting your auto insurance lapse because of a missed payment can cost you a great deal more than that.

Consumers who let their auto insurance lapse are viewed as higher - risk customers by insurers — and likely will be charged more for a new policy.

If your auto insurance lapses, you can prevent a suspension by immediately giving your vehicle plates to the DMV.

The penalties for letting your auto insurance lapse can also be quite severe.

An auto insurance lapse can leave you highly exposed to risk and penalties and should be avoided; however, if it does happen, you need to know how to remedy the problem.